Sensex, Nifty down .9% : Indusind, HDFC, Zeel, Bajaj, Axis, Maruti Down, BPCL, HCL Tech Up

Nifty50 Morning Gainers/Losers

Today markets opened with a strong negative mood with most of the index stocks are in red in tune with the Asian markets. US markets also yesterday night started with a positive mood buy ended up in negative territory but Dow future is slightly up now.

Gainers : BPCL (1.1%), HCLTECH (1.0%), ULTRACEMCO (0.8%), UPL (0.8%), DRREDDY (0.7%), INFY (0.6%), ITC (0.6%), LT (0.6%)

Losers : INDUSINDBK (-3.5%), HDFC (-2.9%), ZEEL (-2.5%), BAJAJFINSV (-2.5%), BAJFINANCE (-2.2%), MARUTI (-2.0%), AXISBANK (-2.0%), JSWSTEEL (-1.7%), SBIN (-1.6%), HDFCBANK (-1.6%)

Nifty50 Buy vs Sell Bids

But buy vs sell data looks more promising – not reflecting the current negative mood in the markets. Some stocks are with good buyers like Airtel, Tata Motors, Ultratech etc. At the same time large sell orders in stocks like HDFC.

Top Buy Bids : BHARTIARTL (48%), TATAMOTORS (40%), ULTRACEMCO (20%), POWERGRID (16%)

Top Sell Bids : HDFC (-63%), CIPLA (-27%), ITC (-26%), KOTAKBANK (-25%), HDFCBANK (-25%), WIPRO (-23%)

No major Volume Gainers yet : WIPRO (-65.3%), TECHM (-68.1%), HCLTECH (-74.5%), HDFC (-81.1%), RELIANCE (-82.4%), INFY (-82.7%), BAJAJFINSV (-86.5%) ,Major Recoveries Today : BPCL (2.1%), UPL (1.5%), DRREDDY (1.4%), INFY (1.3%), GAIL (1.2%), ULTRACEMCO (1.2%), INFRATEL (1.2%), LT (1.2%), VEDL (1.1%), ITC (1.1%), BHARTIARTL (1.1%) , Major Drops Today : INDUSINDBK (-2.7%), BAJAJFINSV (-2.5%), HDFC (-1.9%), ZEEL (-1.8%), BAJFINANCE (-1.7%), JSWSTEEL (-1.7%), WIPRO (-1.5%), MARUTI (-1.5%), SBIN (-1.4%), TECHM (-1.2%)

Even though markets are almost 1% down the undercurrent seems to be slightly positive so possibility of recovering by afternoon if there is no negative news from Europe.